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Compare today's XOF to DZD (CFA Franc BCEAO to Algerian Dinar) exchange rates

Equatorial Guinea
Algeria
XOF

Interbank Exchange Rate: 1 XOF = 0.2335 DZD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Algerian Dinar money transfers

Easily compare money transfer providers in one place to send money from Equatorial Guinea to Algeria. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Algerian Dinar (DZD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Equatorial Guinea.

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If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest XOF to DZD Conversion Rates

Here are some latest XOF to DZD (CFA Franc BCEAO to Algerian Dinar) exchange rates for popular conversion amounts*.

1 XOF0.23 DZD
5 XOF1.17 DZD
10 XOF2.34 DZD
25 XOF5.84 DZD
50 XOF11.68 DZD
100 XOF23.35 DZD
150 XOF35.03 DZD
200 XOF46.70 DZD
250 XOF58.38 DZD
300 XOF70.05 DZD
400 XOF93.40 DZD
500 XOF116.75 DZD
600 XOF140.10 DZD
700 XOF163.45 DZD
800 XOF186.80 DZD
1,000 XOF233.50 DZD
1,500 XOF350.25 DZD
2,000 XOF467.00 DZD
2,500 XOF583.75 DZD
3,000 XOF700.50 DZD
4,000 XOF934.00 DZD
5,000 XOF1,167.50 DZD
10,000 XOF2,335.00 DZD
15,000 XOF3,502.50 DZD
20,000 XOF4,670.00 DZD
30,000 XOF7,005.00 DZD
40,000 XOF9,340.00 DZD
50,000 XOF11,675.00 DZD
100,000 XOF23,350.00 DZD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Equatorial Guinea to Algeria money transfers?

It can be very confusing when sending money from Equatorial Guinea to Algeria given so many choices. Additionally, CFA Franc BCEAO to DZD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Equatorial Guinea to Algeria as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Algeria from Equatorial Guinea. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for CFA Franc BCEAO to Algerian Dinar remittances.


How to get the best exchange rate for your money transfers from Equatorial Guinea to Algeria?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your XOF to Algerian Dinar money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Equatorial Guinea to Algeria. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for XOF to DZD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money to Algeria from Equatorial Guinea?

When you want to send money to Algeria from Equatorial Guinea, you obviously want the cheapest possible option to maximize the money your recipient gets in Algerian Dinar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your XOF to DZD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Equatorial Guinea to Algeria. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Equatorial Guinea to Algeria exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Algerian Dinar overseas.


Should I use my bank to send money from Equatorial Guinea to Algeria?

Bank transfers have been a traditionally popular way to send money overseas from Equatorial Guinea to Algeria. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the XOF to DZD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Equatorial Guinea bank for your Algeria money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Algeria from Equatorial Guinea?

The speed of your CFA Franc BCEAO to Algerian Dinar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert XOF to DZD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Algeria from Equatorial Guinea is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Algeria if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout DZD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Equatorial Guinea bank to Algeria bank transfer.


Which are the best money transfer companies to send money from Equatorial Guinea to Algeria?

Since the CFA Franc BCEAO to Algerian Dinar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Equatorial Guinea that may also be able to send money to Algeria. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your XOF to DZD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Algeria gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Equatorial Guinea to Algeria transaction.


Step by step guide to send money from Equatorial Guinea to Algeria

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Equatorial Guinea to Algeria, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Equatorial Guinea to Algeria that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Algeria where they can receive monies in Algerian Dinar.
  • Then, provide details of your Equatorial Guinea bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your XOF travel to another part of the globe.